CoreNet Global Summits offer opportunities for members to network, learn and be recognized for professional achievements.
CoreNet Global Summits bring corporate real estate (CRE) professionals together from across and from all aspects of the profession.

Join in the vision of CoreNet Global as we continue to connect professionals, and the corporations they represent, worldwide through the offering of resources that help make CoreNet Global indispensable to the successful practice of corporate real estate.

CoreNet Global is an opinion leader in corporate real estate benchmarking, workplace and infrastructure management. Enhance your knowledge with resources like research papers, exclusive member survey reports and presentations from top speakers on hot industry topics. Members of CoreNet Global benefit from a wealth of research knowledge and resources.

CoreNet Global offers several ways for members to stay connected to the latest trends and news as it relates to corporate real estate (CRE). In an effort to stay connected to the latest information and CRE news, make sure you take advantage of all the offerings that are made available as part of your membership.

Join with CoreNet Global in our mission to advance the practice of corporate real estate through professional development opportunities, publications, research, conferences, and chapters and networking groups. Build life-long connections through interactions with like-minded professionals who are also looking for ways to gather and share corporate real estate knowledge.

ATLANTA, GA (FEBRUARY 12, 2014) – In a recent survey of corporate real estate executives at large corporations globally, 76 percent reported that their base salary increased from 2012 to 2013, and 79 percent projected further increases in 2014. The average increase in base salary from 2012 to 2013 was 6 percent, according to a survey conducted by CoreNet Global and FPL Associates.

Also, forty-five percent projected an increase in cash incentives and bonuses in 2013 compared to 2012, while 50 percent had reported an increase in 2012 compared to 2011.

Long term incentive compensation also increased for many of the respondents. Thirty-four percent reported increases in long term incentives in 2013 compared to 2012, with 61 percent reporting no changes. A year earlier, 44 percent had reported an increase in long-term incentives compared to the prior year.

Correspondingly, investment activity increased. Forty-two percent of the respondents an increase in acquisitions in 2013 compared to 2012.

Participants reported receiving an assortment of “perks.” In addition to car allowances, participants receive the most money, on an average and median annual basis, to cover parking and cell phones/wireless email.

“As the workplace, human resources and information technology become further entwined, corporate real estate continues to evolve into a more strategic corporate function,” said Angela Cain, Chief Executive Officer of CoreNet Global. “That evolution, in addition to the economic recovery, is resulting in higher pay for a vast majority of corporate real estate and asset managers, as reflected in our survey.”

Survey Methodology

In the third quarter of 2013, FPL Associates worked with CoreNet Global to develop a questionnaire for the purpose of gathering compensation information relevant to internal CRE organization employees in the current market. The questionnaire included a number of questions that have become standard to the CoreNet Global Compensation Survey, to allow for comparisons to prior years’ studies and to identify trends.

For this year’s survey, 291 end user members provided thorough responses, classifying them as participants. FPL gathered all of the responses, clarified additional information, as needed, from participants, and then analyzed the data to develop this summary report.

About CoreNet Global

CoreNet Global is the world’s leading professional association for corporate real estate (CRE) and workplace executives, service providers and economic developers. CoreNet Global’s 8,000 members, who include 70% of the top 100 U.S. companies and nearly half of the Global 2000, meet locally, globally and virtually to develop networks, share knowledge, learn and thrive professionally. For more information, please visit www.corenetglobal.org

About FPL Associates L.P.

FPL Associates, a member of the FPL Advisory Group family of companies, provides a range of specialized compensation and management consulting solutions to a select group of related industries. As part of its compensation services, FPL Associates assists clients in the assessment, design, and implementation of compensation programs for professionals and board members. The company specializes in crafting performance management and reward systems that align management interests with the achievement of strategic business objectives. For more information please visit www.fplassociates.com